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Section VIII Book to be kept in the Exchequer, and Monies entered separate from Monies raised under former Act.

Original text. Later amendments are not shown.

Tally for Money lent; Orders to be registered and paid in due course, without undue Preference; Who shall be accounted the First Person to be paid; who the Second, and so successively; No Fees for providing Books; or for Payment upon Orders; Penalty; Undue Preference by Officer; Penalty; By Deputy; Penalty; Auditor, Clerk of the Pells, or Teller offending; Penalty.

And to the end that all Moneys which shall bee soe lent unto His Majestie may bee well and sufficiently secured out of the Impositions and Duties ariseing and payable by this Act and alsoe out of the Impositions and Duties which from and after the Repayment of the said principal Money borrowed as aforesaid and the Interest thereof shall arise by the said Act made in the Fourth and Fifth Yeare of Their said Majesties Reigne shall be respectively answered and paid Bee it further enacted by the Authority aforesaid That there shall be provided and kept in His Majesties Exchequer that is to say in the Office of the Auditor of Receipts one Book or Register in which all Moneys that shall bee lent into the Exchequer by virtue of this Act shall bee entred and registred apart and distinct from all Moneys paid or payable to His Majestie upon any other Branch of His Majesties Revenue or any other Accompt whatsoever And that all and every Person and Persons Natives or Forreigners Bodies Politick and Corporate who shall lend any Money to His Majestie upon the aforesaid Creditt and pay the same into the Receipt of Excheq[uer] shall i[m]mediately have a Talley of Loan struck for the same and an Order for his or their Repayment bearing the same Date with the Talley in which Order shall bee alsoe contained a Warrant for Payment of Interest for Forbearance after the Rate so to bee allowed for the same soe as such Interest doe not exceed the Rates before mentioned to bee paid every. Three Months until Repayment of the Principal And that all Orders for Repayment of Money shall be registred in course according to the Date of the Talley respectively without preference of one before another And that all and every Person and Persons Natives or Forreigners Bodies Politick and Corporate shall bee paid in course according as their Order shall stand entred in the Register Book soe as that the Person or Persons Bodies Politick or Corporate who shall have his or their Order or Orders first entered in the said Book of Register shall bee taken and accounted as the First to bee paid upon the Moneys to come in by virtue of this Act or any the before mentioned Acts from and after the Repayment of the said Su[m]m of Five hundred thousand Pounds borrowed as aforesaid and the Interest thereof And hee or they who shall have his or their Order or Orders next entred shall bee taken and accounted the Second Person to bee paid and soe succesively and in course And that the Moneys to come in by this Act or the said former Acts shall bee in the same Order liable to the Satisfaction of the said respective Parties their Executors Administrators Successors or Assignes respectively without Preferrence of one before another and not otherwise and not to bee divertible to any other Use Intent or Purpose whatsoever And that noe Fee Reward or Gratuity directly or indirectly bee demanded or taken of any of His Majesties Subjects for providing or making of any such Books Registers Entries Views or Search in or for Payment of Money lent or the Interest as aforesaid by any of His Majesties Officer or Officers their Clerks or Deputies upon Payment of treble Damages to the Party grieved by the Party offending with Costs of Suit or if the Officer himselfe take or demand any such Fee or Reward then to lose his Place alsoe And if any undue Preferrence of one before another shall bee made either in point of Registry or Payment contrary to the true meaning of this Act by any such Officer or Officers then the Party offending shall bee liable by Action of Debt or on the case to pay the value of the Debt Damages and Costs to the Party grieved and shall bee forejudged from his Place or Office And if such p[re]ference bee unduely made by any his Deputy or Clerk without Direction or Privity of his Master then such Deputy or Clerk onely shall bee liable to such Action Debt Damages and Costs and shall bee for ever after uncapable of his Place or Office And in case the Auditor shall not direct the Order or the Clerk of the Pells record or the Teller make Payment according to each Persons' due place and order as afore directed then hee or they shall bee judged to forfeit and their respective Deputies and Clerks herein offending to bee liable to such Action Debt Damages and Costs in such manner as aforesaid all which said Penalties Forfeitures Damages and Costs to bee incurred by any of the Officers of the Exchequer or any their Deputies or Clerks shall or may bee recovered by Action of Debt Bill Plaint or Informac[i]on in any of His Majesties Courts of Record att Westminster wherein noe Essoigne Protection Priveledge Wager of Law Injunction or Order of Restraint shall bee in any wise granted or allowed